Real Estate Evaluation Report
Name of the appraisal Item: evaluation report of the house located at Room1, F5, Unit1, No.109,
Client:
Date of report:
No. of the report:
Real Estate Appraisal Office Co., Ltd.
Real Estate Appraisal Report
Mr./Lady,
On your request, we made spot inspection for the real estate located at Room1, F5, Unit1, No.109.. After checking & collecting necessary data, we made appraisal and hereby submitted the opinion of public market value dated for your reference.
I. Status of Rights
Property :( From Housing Ownership Certificate of)
1.Location: Room1, F5, Unit1, No.109,
2.Owner:
3.Building
4.Room No.:
5.Building Coverage: 142.41 m2
6.Structure: Reinforced Concrete Structure
7.Total floors of construction: 5
8.Living floor: 5
9.Design use: Residential
10. Building time: around 2007
II. Status in quo of real estate
According to our spot inspection, the subject is used as residence.
III. Details of real estate
A.Area Factors
1.Area features and change trend:
Appraisal object is located at Room1, F5, Unit1, No.109, y. This residential area is called Shangpinnanshan. The residential quarter is the first Class place fourth Category Area. The appraisal object approaches to. There are many high-grade residential areas around here, such as etc. Many department stores or service industry are also located at here, such as schools will provide perfect services for residents. In this densely populated area, ancillary facility of life services is complete. On the basis of general plan and zoning plan of, there is no doubt that this region will become a higher gathering residential area in future and its building scale will become higher and larger. Hence, we all think that this region which the house was located at have huge potential for increment.
2.Traffic conditions:
Appraisal object approaches to Street. The advantage of this region is convenient transportation. There are many bus lines around here such as No. 505, No. 501, No.407 etc. These bus lines could reach at each region of the city. We can say that the system of public traffic has a strong radiation.
3.Living services facility:
Near it, there are Supermarket; Monetary, living, medical facilities including banks, hospitals and schools can provide perfect services for residents. In this region also have many small and medium size restaurants, entertainment and relaxation places etc.
4.Education facility:
Near the appraisal object, there are
B. Individual factor
1.Location and use:
The appraisal object is located at Room1, F5, Unit1, No.109, , now is used as of residence.
2.Area and structure:
The appraisal object’s building Coverage is 142.41 m2 with reinforced concrete structure.
3.Decoration standard:
The appraisal object is equipped with thief prevention entrance door, steel and plastic window. The structural system of house is north-south. The inside floor is covered with wood flooring, the wall is coated with whiting; the floor of kitchen is covered with floor tile, the wall is covered with ceramic tile; the floor of washroom is covered with non-slippery floor, the wall is covered with wall tile.
4.Supporting facilities:
The appraisal object has complete necessary facilities of water, electricity, coal gas, heating system, cable and others.
5.Property conditions:
With perfect property management system, living conditions of the appraisal object is good.
IV. Appraisal purpose
Realize the current market value of the appraisal property and supply the client with the reference to confirm asset value for immigration.
V. Appraisal result
The appraisal object is located at Room1, F5, Unit1, No.109, and its coverage is 142.41 m2. The open market value of the appraisal real estate is 2,563,000.00 Yuan only on the date of July. 1, 2010.
RMB account in Capital: Two million five hundred and sixty three thousand Yuan Only. (Unit of appraisal is 18000 Yuan per square meter)
VI. Date of the appraisal report issued
The issuing date of this appraisal report is July. 2, 2010.
VII. Appraisal report valid period
The valid period of this appraisal report is one year starting from the date the report is completed.
VIII. Appraiser
Certified Real estate appraiser: (Seal)
Certified Real estate appraiser: (Seal)
IX. Appraisal organ and its legal representative
Appraisal organ: Real Estate Appraisal Office Co., Ltd. (seal)
Legal representative: (Seal)
Real Estate Appraisal Office Co., Ltd. Special Seal for Appraisal (seal)
Statement of Appraiser
The appraisal we made for this real estate is our idea made based on the open market value, the so called open market value, so far as we defined, which means the reasonable maximum price of a real estate when sold under the following assumed conditions on the date of the appraisal (The transaction is made in cash and without any other additional conditions);
1.The seller with free will;
2.Before the date of the appraisal, there is a reasonable period of time, within which the price and terms could be discussed on the nature of the real estate and the market information for formal sales and completion of the sales on the market.
3.Any market conditions of the signature date exchange, property price level and others assumed earlier is just the same to the conditions of the appraisal date.
4.The additional offer of any buyer who has special interest is not considered.
Our appraisal is to assume that the owner of the property sold the rights and benefits of the property without any delayed conditions contact, hired after sold, operation by joint investment, management arrangement or any similar arrangement, so as to increase the value of this property.
When we evaluated the rights and benefits of the property, we assumed this property could obtain the land use right which could be transferred, and effect little payment each year for the land use. Except the special statement, it is assumed that any land transfer payment payable has been already effected already.
We used to survey the outside of the property and its inside if possible. We did not conduct the structural measurement, no any serious damages were found out during the survey. But we could not point out if the property is rotten, eaten by worms, or any other structural damages. We did not conduct any test for the equipment of the house. We did not conduct the concrete site measurement, so as to verify the area of the house floor, the size, measurement and area indicated in the appraisal report is all subject to the property right documents supply to us.
Our report did not consider any property owned mortgage, payment in installment or liabilities or could bear any payment or taxes when sole or traded. Otherwise specified, we assume this property has no any heavy load, limited conditions and expenditure that would affect its value.
Finally according to our professional direction, we have to declare that the report could only be used by the above mentioned customer, all or part of its contents will not be responsible for any third parties.
Real Estate Appraisal Office Co., Ltd. Special Seal for Appraisal (seal)
Attachment 1: Copy of Qualification Certificate for Real Estate Appraisal Company
Attachment 2: Copy of Qualification Certificate of Certified Real Estate Appraiser
Attachment 3: Copy of House Ownership Certificate
Attached photos
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